Video Game Empire

During Li Fuzhao's tenure as chairman of the Far East Exchange and chairman of the Hong Kong Stock Exchange after the merger of the four conferences, it is certainly impossible to be as clean as the white lotus. But if you want to say that he has serious corruption, it is unlikely.

Although it is illegal to use the listing review right to obtain the right to place some new shares first, most of the reasons should be attributed to the unspoken rules in the industry. Li Fuzhao has already voluntarily ceded his position. If the Hong Kong government and the Independent Commission Against Corruption still want to hold on to these little braids, it will be too deceiving!

Therefore, Li Xuan is not too worried about the risk of Li Fuzhao being settled by Qiuhou, but the benefits of hiring him as chairman of the Asian Securities Company are obvious. With Li Fuzhao's status and prestige in the Hong Kong securities industry, who can not avoid three points?

Even Feng Yongxiang suddenly changed his face when he heard the news. Li Fuzhao's joining of Asian securities companies is by no means good news for Sun Hung Kai. Although he kept saying before, Asian Securities will be able to overtake Sun Hung Kai Securities in the near future.

But that's just a self-effacing statement. As the saying goes, a strong dragon does not overwhelm the local snake. The accumulation of Sun Hung Kai Securities in the past 20 years is definitely not something that can be caught up at once just by throwing money at it. For at least two or three years, Feng Yongxiang is convinced that the main enemy of Sun Hung Kai Securities will still be HSBC's Daduoduo Company.

But if Li Fuzhao joined Asia Securities, it would be completely different, because even Sun Hung Kai Securities had received a lot of favors from the other party back then. With Li Fuzhao's own network, he can completely make up for the shortcomings of Asian securities.

This news also tilted Feng Yongxiang's choice in the direction of accepting the Li Xuan acquisition agreement! And the reason why Li Xuan asked Li Fuzhao for answers in front of Feng Yongxiang was precisely because he had the intention of knocking the mountain and shaking the tiger!

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"Brother Quan, morning!"

Liu Zhaoquan had just walked out of the subway station when he heard shouting behind him. He turned his head and saw that his colleague A Rong was trotting quickly to catch up.

"A Rong, it's rare for you to come to the company so early today, it's still more than half an hour before work!" Liu Zhaoquan smiled and pointed to the watch on his hand. The other party usually arrives in seconds.

"Haha, I didn't go home last night. I had a good time with a beautiful woman! They clock in half an hour earlier than us, and they have to go out early in the morning. I am naturally embarrassed to stay at someone else's house alone!" A Rong smiled ambiguous. Smile, as if you understand.

Liu Shaoquan understood naturally, this A Rong was quite handsome, and he had the ability to make girls happy. So this kind of romantic affair in the home of a beautiful woman can happen several times a month.

"Scumbag!" As soon as A Rong finished speaking, there was a cold snort from a girl next to him.

Liu Shaoquan turned his head and saw that Gao Siqi, who was in the same office as them, was rolling his eyes at him. A bit embarrassing. Although he prides himself on being suave and suave, he still wants to keep his image of a good man in front of female colleagues who can't see him looking down.

"Have you heard the news over the weekend that Asia Securities of Fortune Lee seems to be buying our company!" Liu Shaoquan stood up in time to change the subject.

"I heard it too. Yesterday, I specially asked a friend who works in Asia Securities to check the news. Their company didn't have any clues before. It should be fake news!" new topic said.

"It should be true! My cousin is the foreman of a high-end private club in Causeway Bay. He came to my house yesterday to play, and the news happened to be broadcasting this rumor! Then she suddenly whispered to me. The God of Fortune, Li, was at their club last week and invited a banquet. Our boss Feng Sheng had dinner together. When the two left after dinner, they talked and laughed!" Gao Siqi smiled mysteriously, revealing a big inside story.

"Ah, is this good news for us?" A Rong said with some confusion, "Although the salary of Asia Securities is 10% or 20% higher than ours. However, the two companies have a lot of competing businesses and merged. Shouldn't there be layoffs in the future?"

Since the "Black Monday" on October 19, Hong Kong's securities industry has been in recession for more than two months. After the stock market in New York and London experienced a slump, they soon showed a trend of gradual recovery.

The Dow Jones Industrial Average in New York rose again from its lowest level to ǎn. London's s-index also goes from the lowest ǎn to ǎn. rose to ǎn.

However, the Hang Seng Index of Hong Kong stocks has continued to fall in the past two months. From the ǎn before "Black Monday", it has fallen to only ǎn now, with a total decline of more than 50%. Investors' confidence has suffered a near-devastating blow in this round of stock market crash, which is absolutely a disaster for Hong Kong's securities industry.

"Yeah, our team and Asia Securities are still competing for the listing and underwriting business of Chuangda Electronics! Asia Securities acquired our company, shouldn't it be to eliminate competitors!" Gao Siqi also frowned and said.

"Don't scare yourselves, you two, you can't think about the good side! If Sun Hung Kai is really acquired by Asia Securities, we can be regarded as employees of 'God of Fortune Li'!" Liu Shaoquan said calmly, in fact, he was in his heart. Also up and down.

After the three walked into the headquarters of Sun Hung Kai Securities in Alexandra Building, they immediately noticed the different atmosphere today. Everyone is enthusiastically discussing this big gossip that suddenly broke out in the Hong Kong stock market this past weekend.

Although the Asian securities company has only been established for two years, it has quickly risen to the top three among Hong Kong securities companies through crazy expansion. The fastest-growing business of Asian securities companies is investment banking, including underwriting IPOs and issuing bonds.

Among all the companies in Hong Kong, the ones with the most urgent need for listing and financing are electronic companies. And because of the special relationship between Asia Securities and the Orient Group, Hong Kong electronics companies are willing to choose Asia Securities as their listed underwriter, so as to take the opportunity to close the relationship with the entire Orient Group!

In the first nine months of this year before the stock market crash, Asian Securities had made successful actions for 17 companies, almost two a month.

In contrast, Sun Hung Kai Securities' strength lies in the traditional brokerage business, which is often referred to as stock trading. Sun Hung Kai Securities has the largest number of accounts opened in the industry, and the stock trading volume represented by it. It once accounted for 20% of the total daily turnover of the entire Hong Kong stock market.

The general view of the top three in the securities industry is that Sun Hung Kai Securities is neck-and-neck with HSBC's Dolly Securities, while Asian securities are slightly weaker overall. But if Sun Hung Kai Securities can merge with Asia Securities, the strength of the new company can completely overwhelm the Dolly Company.

At ten in the morning, the office of the president of Sun Hung Kai Securities suddenly issued a notice to all department managers and above. All went to the 12th floor of Alexandra Building for a meeting. The entire office area of ​​Sun Hung Kai Securities suddenly became noisy, and no one could calm down and work quietly.

Before, many people suspected that the news of mergers and acquisitions was fake news. After all, if two leading companies in the industry want to reach a merger agreement, it is not an overnight thing, and there will always be some clues in advance. But now there are indications that this gossip may well be the truth!

The employees of Sun Hung Kai Securities did not wait too long. After only half an hour, the managers of various departments returned and confirmed to their employees that their company would merge with Asia Securities.

The new company after the merger of the two companies. Renamed to Asia Sun Hung Kai Securities. Mr. Li Fuzhao will be the chairman of the board of directors of the new company, and Mr. Zhuang Peizong, the former president of Asia Securities, will be the president of the new company. The former president of Sun Hung Kai Securities, Mr. Feng Yongxiang, will serve as the executive director of the new company.

At 12:30 noon, when the Hong Kong stock market closed at noon, the news of the merger of Asia Securities and Sun Hung Kai Securities had spread throughout the Hong Kong stock market. The lightning merger of the two leading securities companies surprised many investors!

And only in a place like Hong Kong, where there is no anti-monopoly law, can things go so smoothly. If in America. Such mergers and acquisitions, which are enough to change the entire industry structure, require the approval of relevant government departments!

Asian Securities ended up with HK$200 million in cash. As well as the consideration of the 15% stake in the new company, Sun Hung Kai Securities was completely acquired from Feng Yongxiang. The valuation of Sun Hung Kai Securities is around HK$200 million, that is, a 15% stake in the new company is a premium profit for Feng Yongxiang.

Another more important benefit that Feng Yongxiang obtained from the M&A case was Li Xuan's full support for the Feng family's fight for the controlling stake in Hong Kong-based International Bank. His father signed an equity transfer agreement with Arab Bank in mid-January 1985. The share repurchase clause is only valid for three years.

That is to say, the Feng family must activate the repurchase clause before mid-January 1988. The urgency of time left Feng Yongxiang with no time to worry about the transfer of Sun Hung Kai Securities. After Li Xuan offered a sincere price, he quickly agreed, and then began to make every effort to compete for Hong Kong-based International Bank.

"...

The downturn in the Hong Kong stock market is only temporary. Hong Kong's economy is now clear sky, and there is no reason for the capital market to continue to be rainy! Therefore, on behalf of the merged Asia Sun Hung Kai Securities Company, I solemnly promise to all my colleagues in the company that the new company will only recruit people and not lay off staff!

But the merger of the two companies is by no means a superficial union, but a deep integration of all internal businesses! This is bound to involve some employees, and it is necessary to change their work addresses, or even work positions! If you have any comments, please feel free to communicate with your supervisor!

If you are still not satisfied with the supervisor's answer, you can continue to report the problem to his superior until you finally report the problem to me! As long as it is everyone's reasonable demands, the company will try our best to meet them!

 …”

This is the first email sent by Chairman Li Fuzhao to all employees after the establishment of Asia Sun Hung Kai Securities Co., Ltd.! The merger of the two companies will inevitably cause some turbulence. The most important task of the new management is to achieve internal integration while trying to keep key employees from losing.

To know that after the merger of Asia Securities and Sun Hung Kai Securities, it is undoubtedly the most disturbing company. In fact, not only the company, but the entire HSBC Group has felt great pressure in the rise of the Oriental Group.

Especially after the Orient Group continued to exert its strength in the financial field, HSBC's influence in Hong Kong's capital market has been continuously compressed. The focus of HSBC's layout in recent years has been on the global market outside of Hong Kong.

If the HSBC Group wants to fight back against the Eastern Group's attack, it is bound to interrupt the previous process of globalization. And this is an important strategy of HSBC Group to deal with the 1997 deadline, and it cannot be shaken at all!

However, if HSBC continues to draw blood from Hong Kong and enter North America, Europe and other markets, it is likely to lose its control over Hong Kong's nest. Don't look at another time and space, HSBC first downplayed its role as Hong Kong's shadow central bank, and then moved its headquarters back to the UK in the 1990s.

However, the Asian market supported by Hong Kong is still the most critical source of HSBC's overall profit. In another time and space, HSBC, even after more than 20 years of globalization, the pre-tax profit contributed by this small land in Hong Kong can still reach a quarter of the total profit of the entire HSBC Group.

Now, with Jiahua and Standard Chartered in the banking field, and Asia Sun Hung Kai Securities in the investment banking field, if HSBC does not deal with it properly, its status as the "underground czar of Hong Kong" may really become a thing of the past! HSBC's former Taipan Sir Shen Pi retired last year. How to deal with Li Xuan's aggressive attack has become a headache for HSBC's new senior Ban Pu Weishi.

The Oriental Group has developed to this scale, and its overall strength is already higher than that of the HSBC Group. HSBC's only advantage is that it is more likely to persuade the Hong Kong Governor and the Hong Kong government to stand on its side, but with the influence of the Oriental Group on Hong Kong, even the Hong Kong Governor has to make compromises many times!

Moreover, the Oriental Group is not without any foundation in the British political arena. In recent years, Li Xuan has spent a lot of political cash in the British political arena through the current chairman of Aikang, Baron Albert Hawke. Whether it is the Labour Party or the Conservative Party, they have attracted a group of interest alliances of the Eastern bloc~www.readwn.com~ Li Xuan has no intention to influence the political situation in the UK, but he can still ensure that his interests in Hong Kong and the UK will not be violated. ! Therefore, it is by no means easy for HSBC to exert pressure on the Oriental Group by means other than commercial competition!

The offensive and defensive situation between HSBC and Oriental Group, to a certain extent, actually reflects the overall tone of the competition between Chinese and British capital after Hong Kong entered the transition period! Hutchison Whampoa, Wharf, Wheelock, Landmark, Hong Kong Electric, and China Gas have all fallen into the hands of Chinese capital one by one.

Even those British companies that have not been acquired have accelerated their withdrawal from Hong Kong. The empire where the sun never sets once was on the Oriental Pearl of Hong Kong, which fell into the last rays of sunset before sunset! Just when HSBC's executive team had a headache for Li Xuan and his Dongfang Group, Li Xuan also had a very headache!

As he and Lizhi's illegitimate daughter, Xiaodoubao, began to grow up, as a father, he naturally didn't want his own daughter to hide in the shadows. But he didn't know how to speak to Zhong Chuhong!

The red flag at home does not fall, and the colorful flags flutter outside. But what Li Xuan wants to challenge now is the hell-level difficulty of carrying the colorful flags home and putting them together with the red flags! (To be continued.)